Franklin Resources Portfolio holdings
Franklin Resources, Inc., commonly known as Franklin Templeton, was founded in 1947 by Rupert H. Johnson, Sr., and is headquartered in San Mateo, California, operating as a global investment management firm managing hundreds of billions in assets. The company offers a wide range of investment products, including mutual funds, ETFs, fixed-income portfolios, and alternative investments, serving individual investors, financial advisors, and institutions across over 150 countries. Known for its acquisition-driven growth—such as the 1992 purchase of Templeton Investments and the 2020 addition of Legg Mason—Franklin Templeton combines diverse strategies under a single brand, emphasizing both active management and income-focused solutions like its flagship Franklin Income Fund. With a reputation for adaptability and a client-centric approach, it remains a major player in the global asset management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PNC Financial Services
PNC
|
+$394M |
| 2 |
Chevron
CVX
|
+$272M |
| 3 |
Albemarle
ALB
|
+$229M |
| 4 |
PepsiCo
PEP
|
+$223M |
| 5 |
ExxonMobil
XOM
|
+$196M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$427M |
| 2 |
Bank of America
BAC
|
+$351M |
| 3 |
Morgan Stanley
MS
|
+$249M |
| 4 |
Honeywell
HON
|
+$234M |
| 5 |
Apple
AAPL
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.6% |
| 2 | Healthcare | 14.36% |
| 3 | Financials | 10.56% |
| 4 | Industrials | 10.06% |
| 5 | Consumer Discretionary | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Pembina Pipeline
PBA
$29B
| $25.6M | 0.01% |
742,671
+18,488
| +3% | +$592K |
|
652
Dyne Therapeutics
DYN
$4.28B
| $25.5M | 0.01% |
1,913,832
+876
| +0% | +$8.56K |
|
653
BP
BP
$107B
| $25.2M | 0.01% |
711,953
-30,781
| -4% | -$1.13M |
|
654
American International
AIG
$42.9B
| $25.2M | 0.01% |
371,906
-293
| -0.1% | -$18.7K |
|
655
Viavi Solutions
VIAV
$8.66B
| $25.2M | 0.01% |
2,498,711
+285,907
| +13% | +$2.4M |
|
656
NetApp
NTAP
$34.2B
| $25.1M | 0.01% |
284,208
-1,481
| -0.5% | -$119K |
|
657
Clearway Energy Class C
CWEN
$4.9B
| $25M | 0.01% |
912,677
-15,644
| -2% | -$365K |
|
658
Tencent Music
TME
$15.6B
| $24.9M | 0.01% |
2,764,657
-1,294,157
| -32% | -$10M |
|
659
Fortinet
FTNT
$110B
| $24.7M | 0.01% |
422,189
-48,036
| -10% | -$2.65M |
|
660
Bunge Global
BG
$22.8B
| $24.7M | 0.01% |
244,648
+186,395
| +320% | +$19.5M |
|
661
Insteel Industries
IIIN
$631M
| $24.7M | 0.01% |
644,746
+7,505
| +1% | +$248K |
|
662
Jack in the Box
JACK
$308M
| $24.3M | 0.01% |
298,092
-297,032
| -50% | -$21M |
|
663
Best Buy
BBY
$18.9B
| $24.3M | 0.01% |
310,289
+26,737
| +9% | +$1.88M |
|
|
K
664
DELISTED
Kellanova
K
| $23.9M | 0.01% |
427,825
+67,332
| +19% | +$3.52M |
|
665
NeoGenomics
NEO
$1.74B
| $23.8M | 0.01% |
1,471,042
-2,854
| -0.2% | -$46.7K |
|
666
Manulife Financial
MFC
$74.2B
| $23.6M | 0.01% |
1,068,339
-2,044,492
| -66% | -$39.3M |
|
667
PPG Industries
PPG
$26.5B
| $23.5M | 0.01% |
157,362
-14,347
| -8% | -$1.94M |
|
|
APLT
668
DELISTED
Applied Therapeutics
APLT
| $23.5M | 0.01% |
7,017,912
-929,100
| -12% | -$2.31M |
|
669
Alamo Group
ALG
$2B
| $23.5M | 0.01% |
111,819
+47
| +0% | +$8.6K |
|
670
NCR Voyix
VYX
$1.19B
| $23.5M | 0.01% |
1,389,715
-1,083,517
| -44% | -$17.3M |
|
671
Telus
TU
$16.7B
| $23.3M | 0.01% |
1,309,251
-5,841,388
| -82% | -$101M |
|
672
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $23.3M | 0.01% |
399,023
+11,919
| +3% | +$689K |
|
|
ALPN
673
DELISTED
Alpine Immune Sciences Inc
ALPN
| $23.3M | 0.01% |
+1,220,333
| New | +$17M |
|
674
Fortive
FTV
$19.5B
| $23.2M | 0.01% |
418,009
-47,473
| -10% | -$2.5M |
|
675
Legend Biotech
LEGN
$3.68B
| $23.2M | 0.01% |
384,896
+8
| +0% | +$507 |
|
Similar funds
Franklin Resources's Q4 2023 Portfolio in Review
As of Q4 2023, Franklin Resources held 2,774 positions worth $214B, up 8.7% from $197B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Franklin Resources withdrew a net $7.44B in Q4 2023, closing 138 positions and reducing 1,143 holdings. Its most notable exit was Activision Blizzard, an estimated $427M position sold in full.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Veralto worth $178M.
- Franklin Resources's largest Q4 2023 buy was Veralto: 2,163,991 shares worth $178M.
- Franklin Resources added most to PNC Financial Services in Q4 2023, an estimated $394M increase.
- Franklin Resources's biggest Q4 2023 reduction was Bank of America, cutting an estimated $351M.
- Franklin Resources fully exited Activision Blizzard in Q4 2023, selling an estimated $427M.
- Franklin Resources's ten largest holdings make up 18% of its $214B portfolio in Q4 2023.
- Franklin Resources opened 114 new positions and closed 138 in Q4 2023.
- Franklin Resources's portfolio value rose 8.7% quarter-over-quarter to $214B.
Based on Franklin Resources's 13F filing for Q4 2023, filed 9 Feb 2024.